Last checked at 9 Dec 2015 10:00
Papua Mining plc
("Papua" or the "Company")
Correction to
Proposed Placing, Offer for Subscription, Related Party Transactions,
Share Capital Reorganisation and Notice of General Meeting
Further to the announcement by the Company on 4 December 2015 (the "Announcement") regarding the Proposed Placing, Offer for Subscription, Related Party Transactions, Share Capital Reorganisation and Notice of General Meeting (the "Proposals"), the Company wishes to notify existing shareholders that due to an administrative error the version of the Circular which was posted to shareholders on 4 December 2015 contained certain inaccuracies and omissions. The correct version of the Circular will be posted in hard copy format to shareholders shortly and is available at www.papuamining.com.
The Notice of General Meeting and Application Form sent to Shareholders are correct and remain valid and the timetable which applies to the Proposals is set out below:
EXPECTED TIMETABLE OF PRINCIPAL EVENTS
Record Date 5.00 p.m. on 3 December 2015
Posting of the Application Form and Form of Proxy 4 December 2015
Latest time and date for receipt of the Application Form 11.00 a.m. on 17 December 2015
Latest time and date for receipt of the Form of Proxy 11.00 a.m. on 19 December 2015
General Meeting 11.00 a.m. on 21 December 2015
Announcement of the results of the Placing 21 December 2015
Announcement of results of Offer for Subscription 21 December 2015
Admission and commencement of dealings of the Placing Shares 8.00 a.m. on 22 December 2015
Admission and commencement of dealings of the Offer Shares 8.00 a.m. on 22 December 2015
Admission and commencement of dealings of the Benseman Shares 8.00 a.m. on 22 December 2015
Placing Shares, Offer Shares and Benseman Shares credited to CREST
stock accounts for uncertificated holders 22 December 2015
Despatch of definitive share certificates for Placing Shares,
Offer Shares and Benseman Shares for certificated holders week commencing 28 December 2015
Note: all defined terms are taken from the Announcement unless the context requires otherwise
Other than the latest time and date for receipt of the Form of Proxy, which is as set out above, the information contained in the Announcement and the Circular uploaded to the Company's website at the time of the Announcement is accurate in all respects.
Enquiries:
Papua Mining plc |
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Hugh McCullough | +353 1 532 9535 |
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Cenkos Securities (Nominated Adviser and Broker) |
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Derrick Lee/Beth McKiernan | +44 131 220 9100/9778 |